The main reason is to not have the “center of your life” in my home country. So my worldwide income is not taxable there. I am also not allowed to stay more then 180 days in most of the countries (that differs from country to country). As long as you keep hopping enough and don’t have any ties somewhere (that can be proven) you are not required to pay income tax in any country. Assuming you avoid the location of your offshore company both for invoicing and staying (not all offshore location require this).

(All of the above works with my current citizenship and might differ for other citizenship’s)

Sounds pretty dope especially since I’m Austrian too You could also set up a corporation, keep your money in there to only pay corporate taxes and then when you want to cash out move to Dubai for 6 months, pay 0 tax and move back

Sounds pretty dope especially since I’m Austrian too You could also set up a corporation, keep your money in there to only pay corporate taxes and then when you want to cash out move to Dubai for 6 months, pay 0 tax and move back

I still have bank accounts in Austria, tho I am not allowed to open new ones since I do not have a “meldezettel” anymore. The above concept won’t work, because even if you spend 60 days in Austria… if it is your center of live, the finance ministry will require you to pay your income taxes in Austria no matter what. Also Emirate company formations require you to have weird licenses that need health checks etc. so it is a bit difficult (from what I have heard).

For the past 3 years, been traveling 3-4 months of the year. This year though, I’m not planning on traveling much. To be honest, it’s fun but it loses it’s appeal after awhile. Plus, working like we do you never are really on vacation - so you’ll be in some exotic locale but logging into your VPS. I like being in one place, saving more money and getting more work done (focusing on projects more than travel).